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The Latest Breaking News from British American Tobacco

FTSE 100 Live 03 June: OECD growth warning, KKR pulls out of Thames Water rescue

A slower global growth projection by the OECD today dampened investor sentiment during a lacklustre session for the FTSE 100 index.

Evening Standard

Buy These 3 Unusually Active Call Options to Build Yourself an Inexpensive Portfolio Ladder

In Wednesday’s unusual options activity, 78 call options expired in 100 days or more. Of those, you could buy 27 for $100 or less. The 27 make an excellent start to building an inexpensive portfolio ladder. Here’s how.

Barchart

Penny Mordaunt takes job advising one of world’s largest tobacco firms

Former Tory leadership contender, who abstained on smoking ban vote last year, will work for British American Tobacco on ‘harm reduction’

The Guardian - UK

From analysis to the latest developments in health,
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The tobacco lobby claims vaping is displacing youth smoking – a close look at the evidence tells another story

E-cigarette companies, including giants such as British American Tobacco, have actively lobbied governments in New Zealand and Australia to weaken existing vape regulations while preventing the introduction of stricter ones.

The Conversation

'Alarming': Free nicotine pouches given without warnings at Scottish train station

ADDICTIVE pouches being given out for free in the middle of a busy Scottish train station is “alarming”, a charity boss has warned.

The National (Scotland)

Fall for FTSE after BAT, Unilever and Barclays updates underwhelm

The FTSE 100 finished 42.72 points, or 0.49%, lower to end the day at 8,764.72.

Evening Standard

British American Tobacco sales fall as ‘illicit single-use’ vapes hamper trading

Shares fell as much 9% as it revealed a slight decline in US vape sales, which it has touted as the future of the smoking industry.

Evening Standard

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FTSE rebounds to edge higher amid strong consumer stocks

The FTSE 100 finished 1.36 points higher to end the day at 8,503.71.

The Independent UK

3 Dividend Stocks With Fat Yields Over 8%

These stocks offer high yields of over 8% and have sustainable payouts, making them reliable investments for income investors.

Barchart

BAT subsidiary lobbies Pakistan to allow export of cigarettes to Sudan

Exclusive: critics brand British American Tobacco’s plan to ‘flood a country in crisis with cheap cigarettes’ as ‘beyond shameful’

The Guardian - UK

British American Tobacco makes first donation to Nationals in over a decade amid vaping crackdown

The $55,000 donation grants access to National party politicians via a policy forum membership scheme

The Guardian - AU

FTSE 100 Live 8 February: Index closes down 0.4%, S&P still near 5000 with $44bn added to Arm value

London’s long-awaited run of dealmaking action continued today when Tesco unveiled the sale of its banking operations to Barclays.

Evening Standard

How British American Tobacco lobbied Kenya to water down nicotine pouch warnings

Exclusive: tobacco giant said it would pull investment from a Nairobi factory if its request for smaller health labels was not met, leaked documents show

The Guardian - UK

Australian students handed ‘wellbeing shots’ made by subsidiary of British American Tobacco – as experts fear new front in health wars

Experts say tobacco companies are turning to the booming wellness industry as a way of normalising more harmful products, and that some brands obscure or hide their ownership

The Guardian - AU

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Evening Standard

BAT takes £25bn charge on US cigarette brands

The Dunhill and Lucky Strike firm saw shares slide in early trading as a result

The Guardian - AU

Australia breaches WHO treaty with carbon neutral certification of big tobacco company

Endorsement of British American Tobacco by Climate Active was revoked after complaint was made, FoI documents show

The Times of India

Smoking gun: Rishi Sunak to raise cigarette buying age in UK

LONDON: UK Prime Minister Rishi Sunak aims to gradually raise the legal age for consuming cigarettes in a move that would introduce a ban for the next generation.

The Guardian - UK

UK house prices tumble 4.6% in year to August; pound at lowest since June – as it happened

UK house prices are falling at fastest pace since 2009 on annual basis, reports Halifax, down in every region

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The Guardian - UK

British American Tobacco to end sales in Russia within a month

London-based company says it has agreed to sell Russian and Belarusian businesses, 18 months after initial decision to withdraw

Motorsport

Dutch health organisations file complaint over McLaren F1's nicotine branding

Velo is one of the brands McLaren sponsor British American Tobacco has created to pivot away from cigarettes towards tobacco-free nicotine products, such as Velo's flavoured nicotine pouches or the Vuse brand's e-cigarettes.

The Guardian - UK

Influencers and freebies: Big Tobacco’s push to sell nicotine pouches in UK

Health experts raise concerns over marketing for flavoured oral sachets that can legally be sold to under-18s

Evening Standard

New British American Tobacco boss Tadeu Marroco starts with major shake-up of board

Marroco said: “This refreshed Management Board structure is critical to my commitment to build a progressive and agile organisation”

The Guardian - UK

Instagram influencers advertising nicotine products to young people, charity warns

Highly addictive Velo nicotine pouches being pushed by British American Tobacco

Evening Standard

FTSE 100 live: FTSE closes at 7777.7; ‘UK markets shrug off global concerns’; WANdisco cash warning

Vodafone, Greggs, Boohoo, Landsec and Imperial Brands are in the spotlight during a busy session of corporate updates.

The Week

British American Tobacco fined for North Korea sanctions breaches

The world’s second-largest tobacco company has agreed to pay $635m (£510m) in fines plus interest after a subsidiary admitted violating sanctions by selling cigarettes to North Korea.

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